Magna International Future Growth

Future criteria checks 3/6

Magna International is forecast to grow earnings and revenue by 23.4% and 3.9% per annum respectively. EPS is expected to grow by 24.5% per annum. Return on equity is forecast to be 15.6% in 3 years.

Key information

23.4%

Earnings growth rate

24.5%

EPS growth rate

Auto Components earnings growth	19.4%
Revenue growth rate	3.9%
Future return on equity	15.6%
Analyst coverage	Good
Last updated	23 May 2024

Recent future growth updates

Recent updates

Market Cool On Magna International Inc.'s (TSE:MG) Earnings

Apr 05

At CA$74.11, Is It Time To Put Magna International Inc. (TSE:MG) On Your Watch List?

Mar 21

Magna International (TSE:MG) Seems To Use Debt Quite Sensibly

Mar 06

Shareholders Will Be Pleased With The Quality of Magna International's (TSE:MG) Earnings

Feb 16

If EPS Growth Is Important To You, Magna International (TSE:MG) Presents An Opportunity

Aug 15

Is Magna International (TSE:MG) A Risky Investment?

Jul 15

Are Investors Undervaluing Magna International Inc. (TSE:MG) By 42%?

Jun 30

When Should You Buy Magna International Inc. (TSE:MG)?

May 10

Magna International Inc. (TSE:MG) Shares Could Be 47% Below Their Intrinsic Value Estimate

Mar 28

Is Magna International Inc. (TSE:MG) Potentially Undervalued?

Jan 29

Does Magna International (TSE:MG) Have A Healthy Balance Sheet?

Jan 02

Magna International Inc. (TSE:MG) Shares Could Be 48% Below Their Intrinsic Value Estimate

Dec 04

What Is Magna International Inc.'s (TSE:MG) Share Price Doing?

Oct 21

We Think Magna International (TSE:MG) Can Stay On Top Of Its Debt

Sep 20

At CA$78.72, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?

Jul 21

Is Magna International (TSE:MG) A Risky Investment?

Jun 21

At CA$76.59, Is It Time To Put Magna International Inc. (TSE:MG) On Your Watch List?

Apr 17

Is Magna International (TSE:MG) Using Too Much Debt?

Mar 09

Earnings and Revenue Growth Forecasts

TSX:MG - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	47,730	2,738	2,181	4,200	8
12/31/2025	45,474	1,950	1,555	3,723	19
12/31/2024	43,487	1,487	708	3,136	19
3/31/2024	43,094	1,013	639	3,183	N/A
12/31/2023	42,797	1,213	649	3,149	N/A
9/30/2023	41,911	1,037	521	2,827	N/A
6/30/2023	40,491	932	203	2,268	N/A
3/31/2023	38,871	437	250	2,142	N/A
12/31/2022	37,840	592	414	2,095	N/A
9/30/2022	37,382	961	710	2,190	N/A
6/30/2022	36,033	683	902	2,352	N/A
3/31/2022	35,705	1,263	1,061	2,459	N/A
12/31/2021	36,242	1,514	1,568	2,940	N/A
9/30/2021	37,700	1,788	2,465	3,848	N/A
6/30/2021	38,910	2,182	3,798	5,060	N/A
3/31/2021	34,169	1,111	2,146	3,300	N/A
12/31/2020	32,647	757	2,133	3,278	N/A
9/30/2020	31,474	459	1,617	2,715	N/A
6/30/2020	31,664	-179	619	1,853	N/A
3/31/2020	37,497	920	2,612	4,005	N/A
12/31/2019	39,431	1,765	2,519	3,960	N/A
9/30/2019	40,173	1,781	2,287	3,862	N/A
6/30/2019	40,472	2,568	2,581	4,188	N/A
3/31/2019	40,626	2,742	2,077	3,735	N/A
12/31/2018	40,827	2,296	2,068	3,718	N/A
9/30/2018	40,374	2,399	1,815	3,569	N/A
6/30/2018	39,620	2,357	1,622	3,375	N/A
3/31/2018	38,480	2,279	1,671	3,466	N/A
12/31/2017	36,588	2,196	N/A	3,346	N/A
9/30/2017	36,157	2,115	N/A	3,615	N/A
6/30/2017	36,142	2,106	N/A	3,390	N/A
3/31/2017	36,445	2,116	N/A	3,420	N/A
12/31/2016	36,445	2,031	N/A	3,266	N/A
9/30/2016	35,760	2,036	N/A	2,564	N/A
6/30/2016	34,572	2,003	N/A	2,503	N/A
3/31/2016	33,262	1,983	N/A	2,355	N/A
12/31/2015	32,134	1,946	N/A	2,332	N/A
9/30/2015	32,356	1,979	N/A	2,305	N/A
6/30/2015	32,942	1,996	N/A	2,440	N/A
3/31/2015	33,720	1,977	N/A	2,610	N/A
12/31/2014	34,403	1,924	N/A	2,822	N/A
9/30/2014	34,787	1,866	N/A	3,093	N/A
6/30/2014	34,878	1,698	N/A	2,826	N/A
3/31/2014	34,929	1,594	N/A	2,908	N/A
12/31/2013	34,835	1,561	N/A	2,567	N/A
9/30/2013	33,694	1,454	N/A	2,380	N/A
6/30/2013	32,767	1,525	N/A	2,356	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MG's forecast earnings growth (23.4% per year) is above the savings rate (2.1%).

Earnings vs Market: MG's earnings (23.4% per year) are forecast to grow faster than the Canadian market (14.6% per year).

High Growth Earnings: MG's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MG's revenue (3.9% per year) is forecast to grow slower than the Canadian market (7.2% per year).

High Growth Revenue: MG's revenue (3.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MG's Return on Equity is forecast to be low in 3 years time (15.6%).

Magna International Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 12%

Magna International Inc. Revises Earnings Guidance for the Year 2023

Magna International Inc. Provides Earnings Guidance for the Year 2023

Magna International Inc. Provides Earnings Guidance for the Year 2022

Consensus forecasts updated

Magna International Inc. Revises Earnings Guidance for the Full Year 2022

Recent updates

Magna International Inc. announced that it expects to receive CAD 450 million in funding

Consensus EPS estimates fall by 12%

First quarter dividend of US$0.47 announced

First quarter 2024 earnings: EPS misses analyst expectations

Market Cool On Magna International Inc.'s (TSE:MG) Earnings

At CA$74.11, Is It Time To Put Magna International Inc. (TSE:MG) On Your Watch List?

Magna International (TSE:MG) Seems To Use Debt Quite Sensibly

Shareholders Will Be Pleased With The Quality of Magna International's (TSE:MG) Earnings

Upcoming dividend of US$0.47 per share at 3.5% yield

Magna International Inc., Annual General Meeting, May 09, 2024

Fourth quarter dividend of US$0.47 announced

Full year 2023 earnings: EPS misses analyst expectations

Magna International Inc. Declares Dividend for the Fourth Quarter of 2024, Payable on March 8, 2024

Is Magna International Inc. (TSE:MG) Trading At A 38% Discount?

Magna International Inc. to Report Q4, 2023 Results on Feb 09, 2024

Burtech Acquisition Corp. (NasdaqGM:BRKH) entered into a definitive agreement to acquire Blaize, Inc. from a group of shareholders.

The Price Is Right For Magna International Inc. (TSE:MG)

Upcoming dividend of US$0.46 per share at 3.6% yield

Magna International Inc. Declares Third Quarter Dividend, Payable on December 1, 2023

Third quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

Is Magna International (TSE:MG) A Risky Investment?

Magna Introduces Industry-First, 100% Melt Recyclable Foam and Trim Seating Solutions

Is There Now An Opportunity In Magna International Inc. (TSE:MG)?

If EPS Growth Is Important To You, Magna International (TSE:MG) Presents An Opportunity

Upcoming dividend of US$0.46 per share at 3.1% yield

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Magna International Inc. Revises Earnings Guidance for the Year 2023

Magna to Launch Industry-First Award With Modular eDecoupling Unit for BEVS

Is Magna International (TSE:MG) A Risky Investment?

Are Investors Undervaluing Magna International Inc. (TSE:MG) By 42%?

Upcoming dividend of US$0.46 per share at 3.5% yield

When Should You Buy Magna International Inc. (TSE:MG)?

Magna International Inc. Provides Earnings Guidance for the Year 2023

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Magna International Inc. (TSE:MG) Shares Could Be 47% Below Their Intrinsic Value Estimate

Insider recently sold CA$297k worth of stock

Insider exercised options and sold CA$358k worth of stock

Upcoming dividend of US$0.46 per share at 3.3% yield

Investor sentiment deteriorates as stock falls 17%

Full year 2022 earnings: EPS misses analyst expectations

Magna International Inc., Annual General Meeting, May 11, 2023

Is Magna International Inc. (TSE:MG) Potentially Undervalued?

Magna International Inc. Provides Earnings Guidance for the Year 2022

Magna's ClearView(TM) Vision System Comes to Market on Ram Trucks

Magna International Inc. to Report Q4, 2022 Results on Feb 10, 2023

Does Magna International (TSE:MG) Have A Healthy Balance Sheet?

Magna International Inc. Introduces Offers New Possibilities in Automotive Design

Magna International Inc. (TSE:MG) Shares Could Be 48% Below Their Intrinsic Value Estimate

High number of new directors

Upcoming dividend of US$0.45 per share

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Magna International Inc. Declares Third Quarter Dividend, Payable on December 2, 2022

Magna's 48-Volt Hybrid Transmission System Started Production with Stellantis

What Is Magna International Inc.'s (TSE:MG) Share Price Doing?

We Think Magna International (TSE:MG) Can Stay On Top Of Its Debt

Magna International Inc. Continues to Deliver Key Technologies That Address Trends Toward Vehicle Accessibility, Rear Thermoplastic Swing Doors

Magna Develops and Pilots Autonomous, On-Road Last-Mile Delivery Solution

Insider recently sold CA$251k worth of stock

High number of new directors

Consensus forecasts updated

Upcoming dividend of US$0.45 per share

Magna International Inc. Revises Earnings Guidance for the Full Year 2022

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

At CA$78.72, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?

Is Magna International (TSE:MG) A Risky Investment?

Magna International Inc. Illuminates the Future of Styling with Breakthrough Lighting Solution Known as Litgate

High number of new directors

Consensus forecasts updated